Top 30 Tips for Online Entrepreneurs

1. Ideas require action

Lots of brilliant ideas never see the light of day. Those ideas are worthless until they become real at the point of action. Focus on turning your ideas into reality as quickly as you can while you are still enthusiastic about them.

2. Look at trends

We all know that we need traffic in order to produce sales. But don’t forget to look at trends also; is your website growing or slowing down? How fast?

3. A network of sites

When you’re launching a new website, why not think about launching some satellite websites at the same time? If you link them as a network, the main product may have a bigger impact.

4. Check your enthusiasm

It’s a strange thing, but if you don’t like an idea but think it will make you a lot of money, often it won’t work. Your enthusiasm is the fuel that keeps the project going long-term.

5. Measurements

Don’t leave results to your imagination. Measure your impact with all the metrics available to you. You should be aware of what’s happening with your money, trends, and any other factors involved in your business. The sooner you know about problems, the faster you can resolve them or cut your losses.

6. Closing projects

Not all of your projects will work. That’s true for everyone. The sooner you close a project that’s not working, the faster you can use those resources for something else.

7. Stay curious

Curiosity is one of the greatest tools. Asking questions about why things are the way they are and how they can be changed can be the start of innovations and improvements.

8. Learn from your projects

We all learn by trial and error. Sometimes the best way, sometimes the only way to learn is through your own mistakes. If you wait until you find the perfect formula, you will never take action. Instead, take action, learn from it, and move on to the next thing.

9. Make a plan

Make the most detailed plans possible. Write down your goals and predict any possible dangers. The more thought you put into your plan, the greater the likelihood that you will foresee problems or discover efficiencies that you can use.

10. Discipline is your friend

There is no success without discipline. Discipline gives you the ability to be on top of things quickly. When problems occur, you’ll be able to deal with them more easily since you’re already aware of what’s going on in your business.

11. Be informed and balanced

You need to know the news in your industry and in your profession, but you don’t want to be a victim of bright shiny object syndrome. That can sap up your energy, your money, and your time with no good results. Learn how to adapt what’s best for you and leave the rest.

12. Be aware of but don’t obsess about your competition

You do need to know what your competition is doing in order to be current, but focus on your own products and clients. Strengthening your identity works better than going to war with your competitors.

13. Double take

Think twice before going ahead with your projects. Do an analysis to make sure they’re not just a whim. If something looks good at first but doesn’t hold up to scrutiny, you can shift your resources to something else.

14. Think independently

Listen to yourself. This is your business. Get all the advice you can, but in the end do what you believe is the best thing to do.

15. Fear not

Sure, you’re taking a chance. It’s a risk, no guarantees. That goes with the territory, and being afraid will only cause paralysis. Remember, there are no failures, only results, and you can always learn from results.

16. Risk and reward

You can’t be in business without some risk. The bigger the risk, the bigger the reward.

17. Courage

Did you know that courage is a skill you can learn? It’s the ability to keep moving forward to a positive outcome when questions or problems arise. Assess where you are, and if you think you are heading in the right direction and will have a positive outcome, ignore the fear and keep on moving.

18. Keep it hot

Is your project up and running? Good, don’t stop now. It’s possible that your initial success will lead to bigger things. Don’t rest on your laurels, but keep moving upward.

19. Give it all you’ve got

Do the next thing to be done matter what it takes. You might think it’s too hard, but think of how great you’ll feel when you’ve accomplished your goal.

20. Keep you as the focus

As an entrepreneur you are the heart and soul of your business. You are developing more every day through everything you’re doing. Learn from it and enjoy it.

21. Balance is your friend

Remember to balance your ambitions with the realities of the marketplace. If the numbers don’t add up to what you’re hoping for, reacess and take realistic action to correct the situation.

22. Don’t forget branding

Personal branding is so important when you’re working online. Absolutely. Your online presence works for you or against you 24 hours a day. You want to strive for a consistent, strong presence that you reinforce so that people know you the way you want them to.

23. Don’t overdo your productivity

By that I mean that some people get so caught up in creating products that they lose sight of their long-term goals. You need to take time to keep your eyes on the big picture which includes all aspects of your business, not just product creation.

24. Avoid burnout

Let there be more to your life than your business. In the long run you just can’t keep going 24/7 indefinitely without doing harm to yourself or your business.

25. Appreciate talents

It is your business, and you are in charge, but that doesn’t mean that other people can’t do some things better than you can. That’s true for everyone. Don’t be intimidated by their talents, but use those talents to free you to do the things you like better or are better at doing.

26. Respect is a two-way street

Employees are human beings just like you. Don’t take them for granted just because you’re the boss. The more respected they feel, the more productive they will be.

27. Keep an eye on your cash

Working online can be volatile – money comes and goes very quickly. Watch how you spend your money and make your dollars,.

28. Authority rules

These days, authority is more valuable than ever, especially online. Guard your integrity and your brand, and that will lead to money.

29. Use money, don’t worship it

If you see money as a goal in itself, it can get you into a lot of trouble. If you see money as a resource for building more value, it can bring you the money you’re seeking.

30.” No” is a good word too

Learn how to say no when necessary. It could be to your partners or even your customers, but sometimes “no” is the only right answer. If the situation warrants ” no”, don’t be afraid to say it.